Talks between eurozone finance ministers on the future of Greece's bailout have come to a dead end, heightening fears of further market turmoil in case Greece is left with no European support.
Top-performing European equity manager Oliver Kelton is to join Odey Asset Management.
Germany has said it is willing to compromise with Greece on the terms of repaying its bailout debt.
Greece's new left-wing government is pushing for a revision of its EU bailout terms, drawing up a new 10-point plan to replace the existing deal.
Are funds built to last or short-term fads?
Economic momentum in the eurozone has been weakening over the past year, causing European small-cap stocks to lag behind their US and Japanese counterparts.
J.P. Morgan Asset Management (JPMAM) is soft-closing its offshore European long/short fund as inflows into the product soar, just months after it closed a separate European equity portfolio.
Guinness founder and CIO Tim Guinness has said the problems in Greece will not spark a fresh banking crisis even if the beleaguered nation is forced to exit the euro.
Investors may soon be entering a brave new world of zero yield corporate bonds, according to M&G fixed income manager James Tomlins.